Senvion Enters Agreement to Sell 100% of its Indian Operations Updated On Fri, Dec 4th, 2020 by Saurenergy Senvion GmbH has entered into contractual agreements for the sale of 100 percent of its Indian operations i.e. Senvion India Senvion GmbH has announced that it has entered into contractual agreements for the sale of 100 percent of its Indian operations i.e. Senvion India on December 1, 2020. Senvion had previously ring-fenced the Senvion India […] Read more
Key Factors Behind India’s Record Low Solar Tariff of Rs 2/kWh: IEEFA Updated On Fri, Dec 4th, 2020 by Saurenergy In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs […] Read more
Ørsted Appeals Against Danish Tax Agency Decision on 2 Offshore Wind Farms in the UK Updated On Thu, Dec 3rd, 2020 by Saurenergy Today, Ørsted received an administrative decision from the Danish Tax Agency requiring Danish taxation of the company’s British offshore wind farms Walney Extension and Hornsea 1 in the tax years 2015 and 2016. The Danish Tax Agency’s claim amounts to DKK 5.1 billion, plus interest amounting to DKK 1.5 billion. According to the decision, Ørsted is to […] Read more
Urgent Action Needed for the Energy Transition in Heating and Cooling Updated On Wed, Dec 2nd, 2020 by Saurenergy Heating and cooling based on renewable energy has emerged as an urgent priority for countries striving to meet climate goals and build resilient, sustainable economies. The transition to cleaner, more sustainable heating and cooling solutions can attract investment, create millions of new jobs and help to drive a durable economic recovery in the wake of […] Read more
ADM Capital Launches Emerging Asia Renewable Energy Debt Fund Updated On Wed, Dec 2nd, 2020 by Saurenergy ADM Capital has received a USD 100 million seed commitment from AIIB to launch a new Asia-focused debt fund dedicated to renewable energy Hong Kong-headquartered investment manager with specialist experience in Asia Pacific credit and sustainable investment – ADM Capital has announced that it has received a USD 100 million seed commitment from the Asian […] Read more
Deadline Extended for EOI Submission for RE Solutions in Himalayas Updated On Wed, Dec 2nd, 2020 by Saurenergy SECI has extended the deadline for submission of EOI for its call for RE based solutions for meeting energy needs in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued a notification, extending the last date for submission of Expression of Interest (EOI) for its call for renewable energy (RE) […] Read more
UK Approves Europe’s Biggest Battery By Intergen, 320MW/640 MWh By 2024 Updated On Wed, Dec 2nd, 2020 by Saurenergy Edinburgh-headquartered energy company InterGen has been granted planning consent to build the UK’s largest battery storage project at DP World London Gateway on the Thames Estuary, The £200m (Rs 1,970 crores) project is set to provide at least 320MW/640MWh of capacity, with the potential to expand to 1.3GWh – more than ten times the size […] Read more
IRENA and Ocean Energy Europe Partner to Drive Ocean Energy Industry Updated On Tue, Dec 1st, 2020 by Saurenergy New IRENA reports forecast a 20-fold growth potential of ocean energy by 2030, providing coastal communities with a climate-safe roadmap for COVID-19 recovery The CEO of Ocean Energy Europe (OEE), Rémi Gruet and the Director-General of the International Renewable Energy Agency (IRENA), Francesco La Camera, signed a Memorandum of Understanding (MoU) today at the annual Ocean Energy Europe […] Read more
REInvest 2020- Decoupling From Solar, Higher Peaking Tariffs Key For Wind Energy Updated On Tue, Dec 1st, 2020 by Saurenergy At 38.26 GW of installed capacity till October 3, 2020, India is the fourth largest market for wind energy in the world. Yet, the industry has been overtaken by a sense of pessimism in the past couple of years, as fresh additions have slowed down, and multiple other issues have cropped up. Discussing this, and […] Read more
